TREE NEWS update: Stan Druckenmiller confirmed he has taken a stake in trade.xyz and said he plans to use the platform’s Hyperliquid perpetual futures, adding he is “excited” to back the venture. The U.S. market for 24/7 perpetual futures, run by ICE, still requires regulatory approval before it can operate.
Druckenmiller Confirms Stake in Trade.xyz, Plans to Use Hyperliquid Perps
AI take
Druckenmiller's involvement lends credibility to the on-chain perpetuals space, but the real hurdle remains regulatory: the ICE-run U.S. perpetual futures market still needs approval. His stated intent to use Hyperliquid perps signals that traditional macro traders are watching decentralized venues closely, even if institutional access is not yet settled. The open question is whether regulatory approval arrives before such interest cools.
Generated by AI for reference only.
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